Examples of Benchmark Date in a sentence
The average trading price of the A Shares in the 20 trading days preceding the Price Benchmark Date equals to the total trading amount of A Shares traded in the 20 trading days preceding the Price Benchmark Date divided by the total volume of A Shares traded in the 20 trading days preceding the Price Benchmark Date.
The Project shall be Placed in Service by the Company, and the requirements of Sections IV.B through IV.D shall be met, by the Benchmark Date.
The Credit is eligible for issuance in ten (10) consecutive Taxable Years, beginning with the earlier of the Taxable Year for which the Company applies for and is issued the Credit in accordance with Section VI.A of this Agreement or the Taxable Year containing the Benchmark Date (even if the Company has not achieved its commitments in Sections IV.B through IV.D).
It is assumed that subsequent to the Valuation Benchmark Date, the cash inflow of the appraised entity is represented by average inflow and its cash outflow is represented by average outflow.
During the period from the Price Benchmark Date to the Issuance Date, in the event of ex-entitlement activities such as bonus issue, conversion of capital reserve into share capital, etc., the number of A Shares to be issued pursuant to the Proposed Non-public Issuance of A Shares shall be adjusted accordingly.